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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Gary Burton who wrote (52039)	9/28/1999 4:33:00 PM
From: Harold S.	Respond to of 95453

Will someone please post the api when they are released?

To: Gary Burton who wrote (52039)	9/28/1999 4:50:00 PM
From: Winkman777	Read Replies (2) \| Respond to of 95453

Gary, great move in going to almost all cash a while back. I sold all drillers also, but reentered today, RIG, NBR, and KEG. But my favorite is E$P APA. IMHO Apache has made all the right moves. Filling their wallet, buying properties, increasing gas production a lot, and still looking for more opportunities. Being able to pick it up for 20% less than 3 weeks ago is almost a steal. The little E$P's, even though they are not exactly Dan's Drilling and Live Bait as Diana calls them, are not my cup of tea. APC is also cheap - BUT all that insider selling concerns me. Still like HRC, even though down a tad. Thanks for your efforts. Still sitting with 30% cash. Take care all, ;-)man EDIT*********API*************************************8 CRUDE -3.7 gas - .5 dist +1.5 I like them.

To: Gary Burton who wrote (52039)	10/15/1999 6:34:00 AM
From: oilbabe	Respond to of 95453

MOSCOW, Oct 14 (Reuters) - Russia intends to maintain restrictions on oil product exports in order to create an oversupply on the domestic market and keep prices low, Fuel and Energy Minister Viktor Kalyuzhny said on Thursday. "Our target is to create a situation in which supply exceeds demand, even if not by much," Kalyuzhny told a news briefing. The difference between domestic and world prices currently makes hydrocarbon exports more attractive than sales to domestic consumers. But Russia has been restricting energy exports since August to build up stocks for the winter. It set a total ban on motor gasoline exports, and cut fuel oil and diesel exports to 30 percent of refinery output. In mid-September a total ban was imposed on fuel oil exports. The ban was lifted for a few days at the beginning of October and then reinstated until October 16. Currently restrictions have been lifted on motor gasoline, but fuel oil and diesel exports will be limited to 30 percent of refinery output with an exception made for some refineries, Kalyuzhny said. This contradicted a ministry spokesman, who said on Wednesday that after October 16 exports of fuel oil would be limited to 10 percent of output at all but two refineries until the end of the year. The spokesman named the two plants as Kirishinefteorgsintez near St Petersburg and Tuapse on the Black Sea cost. But Kalyuzhny said his own figure was correct, adding that a third refinery, Ukhta, situated in the northern autonomous republic of Komi, had been added to the list. "The system of restrictions is very flexible, and when we feel that the provinces and utility UES <EESR.RTS> have enough fuel, then restrictions could be eliminated," he said. But he said that so far municipal utilities had built up only around 52 percent of the necessary stocks of fuel oil, and federal utilities even less, just 30 percent. Kalyuzhny said the ministry also planned to restrict exports of liquefied natural gas.

To: Gary Burton who wrote (52039)	10/16/1999 7:09:00 AM
From: oilbabe	Read Replies (2) \| Respond to of 95453

Gary: >>Another try to rally off the newer low--looks to me like a blip up maybe tomorrow then one last newer low to complete the Wave 3 sequence---THEN--a stronger rally towards 10,500-10650ish (Wave4) --followed by one last Wave 5 to still lower lows---and THAT would then complete 5 waves down from the 11300ish top and the end of that particular sequence-----to then be followed by an even larger retrace, which might jell and go on to new highs or it may only turn out to be a big B wave, to be followed by still lower lows into the 9000 area for C a la Acampora--too soon to tell at the moment. Let's get though the first 5 waves down before forecasting furthur.<< Are we there yet?

To: Gary Burton who wrote (52039)	11/9/1999 6:36:00 AM
From: oilbabe	Read Replies (1) \| Respond to of 95453

The spin is on..even Bloomberg this am is saying oil stocks will be "relatively strong" today because of plans to continue production cuts. Geez, like that's new news. Those plans have been posted here for at least a week. This is easier money than trading AMZN! LOL!! (VBG)....

To: Gary Burton who wrote (52039)	12/2/1999 9:07:00 AM
From: oilbabe	Respond to of 95453

BHI down 1 in pre-market on news. SLB also down and HAL looking down. I would venture to say that the downdraft in the sector will not last long today. Some opportunities that some thought they lost yesterday.

To: Gary Burton who wrote (52039)	12/2/1999 9:22:00 AM
From: oilbabe	Respond to of 95453

At least in Montana the weather doesn't seem to be cooperating!! Warm weather confuses plants' natural systems By CLAIR JOHNSON Of The Gazette Staff Tulips in Havre? Peonies leafing in Bozeman? Trees budding in Billings? Strange, but true. The unusually warm weather in Montana has been tricking plants into growing in November and December when they normally would be dormant. The average temperature for November in Billings was a whopping 10.2 degrees above normal, making last month the second warmest November on record for the Magic City, according to a National Weather Service spokesperson. A normal November in Billings is 35.1 degrees. The warmest November was 47.5 degrees in 1949. Amy Grandpre, the horticulture specialist for the Yellowstone County Extension Office, said Wednesday that she has been getting a limited number of telephone calls about the situation. However, Bob Gough, a horticulturist at Montana State University-Bozeman, recently sent extension agents an advisory. Gough said that with the unseasonably warm temperatures, some plants appear to be coming out of dormancy or may not have gone into it in the first place. Also, the very dry soils in some areas seem to make the problem of watering more urgent, he said. Gough said it was his opinion that if you live in a cooler area where plants show no signs of breaking dormancy (no swelling buds, no new shoot growth, no activity whatsoever) continue to water your plants as you normally would. He said this is particularly important for conifers and for all newly set plants. However, if you live in an area where plants are showing some signs of growth, Gough suggested watering only a little. He said dormancy and hardiness are triggered by three environmental factors: cold, short days and drought. This year, Montana has drought and short days but lacks the cold weather, forcing come plants to begin growing. Watering plants might encourage them to greater foliation, which will increase the demand for water. Gough said more watering will promote soft growth and decrease hardiness in the plant in general. He suggested withholding water as a tool to slow growth. But cold is coming, and plants that have begun to grow will suffer some dieback, he said. The extend of the dieback will depend on how fast cold sets in and the depth and length of the cold spell. "For tulips in bloom (Havre), rose bushes and peonies in leaf (Bozeman) and fruit buds swelling (Glendive and Whitehall), there is not much hope for complete survival. And there isn't a thing you can do about it," Gough said. "There is no magic spray that will make flowers 'unbloom' or buds 'unswell.' These plants have lost hardiness and will die when it gets cold." Gough said the only thing to do now is to water active plants minimally to slow growth and hope that the cold sets in gradually to allow soft tissue time to harden. "This will limit winterkill," he said. Colder temperatures may be returning soon. The NWS is calling for December to have normal temperatures and above-normal precipitation. Daytime highs for early December should be in the upper 30s and in the low 30s for highs at the end of the month.

To: Gary Burton who wrote (52039)	12/3/1999 6:07:00 AM
From: oilbabe	Read Replies (1) \| Respond to of 95453

Thai Oil to Stop Refinery Output for Two Weeks After Storage Tank Explodes Bangkok, Dec. 3 (Bloomberg) -- Thai Oil Co., Thailand's largest oil refiner, said it will stop production for at least two weeks after an explosion and fire at crude oil storage tanks at it's sole refinery cut off oil supply. The explosion at Thai Oil's refinery in Chon Buri province in the middle of the night killed two people and set on fire four crude storage tanks and threatens five other tanks. The company is still investigating the cause of the explosion. The tanks are still on fire and losses so far are estimated at 500 million baht ($12.8 million), with 30 million liters of crude oil lost, INN news agency reported, quoting Chairman Surakiart Sathirathai. The refinery is insured with Dhipaya Insurance Pcl for up to $2.2 billion, said Surakiart. ``It will take at least two weeks to assess the damage before we start refining again,' President Chulchit Boonyaketu told ITV television network. ``Thai Oil may also needs some time to find other source of crude oil supply.' Petroleum Authority of Thailand, the state oil utility, will ask local refiners, such as Star Petroleum Refining Co., Rayong Refinery Co. and Bangchak Petroleum Pcl, to increase production to offset the losses, said Chulchit. ``All domestic oil refiners will be asked to stop exporting and increase their refining production to avoid short-term impact on local gasoline prices and supply,' he said. Refiners The refinery, 50 kilometer east of Bangkok, has a capacity of 220,000 barrels per day, or a fourth of the country's total refining production. Star Petroleum is majority owned by U.S.-based Caltex Corp. -- a refining joint venture between Chevron Corp. and Texaco Corp. -- while Rayong Refinery is majority owned by Royal Dutch/Shell Group., the world's second-largest publicly traded oil company. Thailand has a total oil refining capacity of 800,000 barrels per day, but only 75 percent is being used after a recession reduced domestic demand. Last month, Thai Oil settled an agreement with its creditors to restructure $2.25 billion of debt. The company stopped servicing the debt last year after recession cut its revenue. The fire at the refinery is not likely to change the debt restructuring plan if the plant is insured up to $2.2 billion against damages from fire as claimed by the company, analysts said. ``If the PTT has indicated that Thai Oil is insured against fire for $2.2 billion, that should be adequate' to cover any damages from the accident, said Thomas C. Hilboldt, head of regional energy and chemicals research at Salomon Smith Barney HK Ltd. in Hong Kong. The company would have needed fresh funds and required to rework the debt restructuring plan if the damages weren't insured against the fire, he said. Few analysts track Thailand's biggest oil refiners because none of the largest refiners in the country, except Bangchak Petroleum Plc, are listed on stock exchanges.